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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (41767)12/14/2002 5:24:52 PM
From: Warthog  Read Replies (1) of 79180
 
hi dougR,

IMCL - a BOLD prediction
here is something to pass the time until the next ding.

IMCL is an ACT/IL.

BOLD PREDICTION: On Dec 20th IMCL will touch the ACT at 10.35

Reasons:
Dec 20th is 13 days from the low of 12/3
Dec 20th is 21 days from the high of 11/24
Dec 20th is 34 days from the middle of the ACT
Dec 2oth is 55 days from the high of 10/4
Dec 20th is 88 days from the high of 8/17

Dec 20th is the intersection of the ACT and a 62%
retracement from the ACT formation and the high on 11/24.

In a week, one can see whether this prediction is true.

enjoy
wart

ps: If I can find my Frontpage software, I might have a
reference chart by that day.
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